Convert New Taiwan Dollar to Swedish Krona
Please provide values below to convert New Taiwan Dollar [TWD] to Swedish Krona [SEK], or Convert Swedish Krona to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Swedish Krona
1 TWD = 3.0767054681852 SEK
Example: convert 15 TWD to SEK:
15 TWD = 15 × 3.0767054681852 SEK = 46.150582022778 SEK
New Taiwan Dollar to Swedish Krona Conversion Table
| New Taiwan Dollar | Swedish Krona |
|---|
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.